Inflation Calculator
See how inflation erodes the value of money over time. Find out how much a sum will cost in the future, and how much your money's buying power will shrink at a given inflation rate.
Inflation Calculator
finance calculator
How It Works
Formula
Future Cost = Amount × (1 + rate)^years Buying Power = Amount ÷ (1 + rate)^years
Examples
$1,000 at 3% over 10 years
Goods costing $1,000 today will cost about $1,344 in 10 years.
Frequently Asked Questions
How does inflation affect my money?
Inflation reduces purchasing power: the same amount of money buys fewer goods over time. At 3% inflation, $1,000 today will only buy about $744 worth of goods in 10 years.
What is a normal inflation rate?
Central banks typically target around 2% annual inflation. Historically, US inflation has averaged about 3% per year, though it spiked higher in 2021-2023.
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